this is a hypothetical question, but it is good the answer to know if the opportunity arises
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This situation actually just happened to me. I was given my 60 day notice in 10/23 with a term date in 12/23. WF is now hiring contractors for my exact position. A recruiter reached out to me, but then told me WF requires a 6 month “cooling off” period from the term date. I would not be eligible to return as a contractor until at least 06/24.
Make sure you read the terms of the separation. I'd think that if you come back as a contractor AFTER your 60 days, you'll end up getting a lump sum payout of your severance since you found a job during severance. You shouldn't lose your severance b/c you're no longer an employee and found a job with another employer-- it shouldn't matter that you're a contractor. That said, I'm not sure if any policy applies where you leave then come back as a contractor.
Read Appendix F of the Benefits Book.
why in the world would you want to come back?
WF is smarter than you think if YOU think you can double dip working at WF as a contractor as a severed employee...
It's not based on your work email address. It's based on your employer. When contracting, WF is NOT your employer -- your agency is. You receive payroll and W-2s/1099s though your agency, not WF.
So, YES, you can contract and receive severance as long as you're beyond your 60-day notice period (bc during 60-day notice period, you're still a WF employee, whether it's working or non-working).
@zzk+1rErqPTU you are missing a huge point...... contractor will receive a WF email account and guess what? bye bye any remaining severance. I wish I could tell you the name of the person this happened to!!
One would assume that after the notice period, you are being hired as a contractor through a third party which will handle your compensation, not WF. Severance from WF has no bearing (would be protected) on the agreement held between WF and said third party.
It’s addressed in the faq for the severance package
Aside: Six months is mentioned below as the policy delay but I think that’s for contractors that term out. For former employees, I thought it was a year. Never mind exceptions can be made if you are a valuable special person who still got laid off.
There must be a 6-month break between your employment or end of severance before you can become a contractor.
Yes! If you come back to WF in any capacity your severance ends. Before you accept the job offer definitely read the terms in displacement packet.
Yes, unless you get the job after the 60 day mark. After that it does not affect your severance.
No.. if you join the contractor after the notice period.